FAFSA4caster is a life saver for many people who are about to begin college. After the stress of applying to the colleges of your choice, you must then face the even greater stress associated with figuring out how you are going to pay for your education. Typically, this is done with the use of grants or student loans, or a combination of the two. When you apply for these grants and loans, however, how can you be sure that you are applying for enough financial aid, and how can you be sure that you will be eligible for enough student aid?
FAFSA4caster can help you in numerous ways. This is an online tool that is available for free, and is being used by more and more students, parents, student counselors, and even financial aid experts. This tool makes it easier to prepare for college by estimating how much money you will need for your education, and how much federal financial aid you will qualify for. This way, you will know – in advance – whether you will need additional student loans or private student loans.
If you or your parents do not have a college fund that is funded enough to pay for your education, you need to use the FAFSA4caster as soon as possible. The tool will gather needed information, such as the contribution that you or your parents can make towards your educational expenses and other factors, to determine first, whether you are eligible for federal financial aid, and second, how much financial aid you are eligible for.
The FAFSA 4caster tool does more than that, however. It is a fantastic tool not only for finding out if you are eligible for the financial aid, and how much, but it will also tell you exactly which types of federal aid you are eligible for, such as grants, guaranteed students loans, work study programs, and other types of aid. This makes it much easier to apply for the right financial aid, instead of wasting your time and energy with financial aid that you are not eligible for. The tool will even tell you how much you can reasonably expect to receive from each financial aid source that you are eligible for.
This enables you to get the information that you need before you actually apply for any financial aid. Parents of young children are even using this outstanding tool to determine how much money they need to save for their child’s education, by using data that isn’t fact today, but is expected to be factual by the time their child is ready for college, such as the amount of money they will make at that time, or the amount of savings that they may have acquired at that time.
Again, the FAFSA4caster is an incredible tool that is being used more often to determine college costs and expected financial aid. If you plan to attend college, or you have a child who will soon be starting college, you need to make use of this tool on the Internet so that you know what you can expect in terms of college cost and financial aid.
fafsa4caster.ed.gov – Using the FAFSA4caster.
fafsa4caster.ed – FAFSA Tip!
fafsa4caster.gov – Benefits of using the FAGSA4caster
fafsa 4cast – Difference of the FAFSA4caster & FAFSA on the Web.
Understanding NSLDS and why all students must register there.